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While the ‘troika’ of international controllers returned to Athens, the German parliament voted massively in favour of the expansion of the fund.
Italy was able to sell 14.5 billion euros worth of short-term government bonds in its latest debt auction on Tuesday.
European stock markets open on Wednesday awaiting details of a new EU-wide financial transaction tax due to be announced in Strasbourg.
The precious metal suffered its biggest three-day loss in nearly three decades on Monday.
The German Chancellor, Angela Merkel, says the EU must in future have the power to veto individual nations’ budgets to avoid future crises in the euro zone
US President Barack Obama says the debt crisis in Europe is “scaring the world”.